• Here's a super-quick guide to what traders are talking about right now

    1 month ago - By Business Insider

    Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.
    JPMorgan beat on earnings but is trading slightly lower after reporting big declines in trading and fixed income revenues.
    Citi handily beat expectations and is up early on Thursday.
    Most global markets are trading higher Thursday morning.
    The expectation of a rate hike slipped slightly after the Fed released its meeting minutes.
    Here's Lutz:
    Good Morning! Spoos, Nasdaq and Industrials all roaming around all-time highs as we await JPM and Citi this AM. Across the Atlantic, Euro markets drifting around unch, with...
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  • JPMorgan misses on a key number

    JPMorgan misses on a key number

    1 month ago - By Chron

    Thomson Reuters
    JPMorgan Chase reported third-quarter earnings on Thursday, missing on a key number.
    The bank announced fixed income, currencies and commodities sales and trading revenue of $3.16 billion, which was shy of the $3.18 billion that analysts were anticipating.
    Wall Street banks were expected to have a difficult quarter trading as markets have been locked in a period of low volatility.
    Here's a look at the key numbers:
    EPS $1.76 versus $1.65 expected .
    Revenue $25.3 billion versus $25.6 billion expected.
    Net income $6.7 billion versus $5.9 billion expected.
    Consumer and...
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  • JPMorgan opens earnings season with $1bn fixed income fall

    1 month ago - By eFinancial News

    Lower fixed income leads trading decline in line with Jamie Dimon's recent prediction
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